Schlumberger looks to delist from London Stock Exchange
Oilfield services giant Schlumberger has today stated its intention to delist from the London Stock Exchange (LSE).
Smaller oil and gas firms ‘less developed in their thinking’ about energy transition – report
Smaller North Sea oil and gas firms are “less developed in their thinking” around the current energy transition and the need to diversify their business, according to a new energy sector report.
Simec Atlantis Energy CFO steps down
The chief financial officer (CFO) of Highland marine energy firm Simec Atlantic Energy is set to stand down form his role.
OPEC chief says group is showing ‘renewed commitment’ to reach oil accord
OPEC and its allies are displaying a “renewed commitment” to reach an accord that will stabilize oil markets hit hard by the coronavirus, the group’s top official said.
Large firms and landowners must stop viewing forests ‘in purely monetary terms’
Large corporations and landowners must stop viewing Scotland’s forests “in purely monetary terms”, according to the co-convener of the Aberdeenshire Green Party.
Many new cars emit more CO2 than older vehicles, research finds
Many new cars on UK roads emit more CO2 than older vehicles, according to new research.
Exclusive: Cnooc MD Riddoch quits firm
China National Offshore Oil Corporation (Cnooc) International’s UK managing director and senior vice president for Europe and Africa, Ray Riddoch OBE has quit the firm.
TechnipFMC slides to £1.7bn loss in Q4
Energy services firm TechnipFMC has reported a £1.7 billion pre-tax loss in the fourth quarter of 2019.
Hurricane Energy CFO stands down
Hurricane Energy has announced today that its chief financial officer (CFO) and director will stand down from his position at the firm.
‘Time someone said something about the IR35 industrial rip-off’
Energy Voice has been running regular articles about the pending HMRC changes that will see the current IR35 arrangement altered to prevent, we are told, tax avoidance.
Oil extends losses amid continuing coronavirus fears
Oil extended losses after closing at a 13-month low as more new coronavirus cases were reported outside China than within, adding to fears the world is on the brink of a pandemic that will take a hefty toll on growth.
Saudi Aramco begins preparations for international listing
Saudi Aramco is starting early preparations for an international listing, just months after the oil giant turned its record initial public offering into a domestic affair and sidelined global banks, people with knowledge of the matter said.
BP exits hat-trick of US trade associations over climate policies
Oil giant BP has announced that it will exit three US trade associations after a climate review.
National Express to have ‘zero emissions’ fleet by 2030
National Express has committed to buy no more diesel buses for its British fleet from Thursday and set a target to have a fully zero emission bus fleet by 2030 and coach operation five years later.
Scottish Power looks to green energy as 317,000 customers jettison firm
Scottish Power's chief executive is hoping to attract customers by being straightforward about its green credentials, as 317,000 households left the supplier for rivals last year.
Cheniere warns that Asia could put a damper on soaring profits
Houston-based Cheniere Energy reported soaring profits Tuesday while warning of slowing demand in Asia amid warmer winters, the rise of nuclear power and concern that the coronavirus outbreak could drag down the global economy.
UK supermarkets announce fuel price cut
Supermarkets have announced fuel price cuts amid a drop in wholesale costs. Asda made the first move, reducing the price of petrol and diesel by 2p per litre on Wednesday.
Saipem keeping 2,000 workers at home due to deadly coronavirus
Italian oil and gas contractor Saipem has confirmed that more than 2,000 staff are working from home due to the coronavirus.
North Sea contractors risk ‘random’ HMRC tax audit after IR35, top accountant warns
Tighter tax rules after the introduction of IR35 could see North Sea contractors face “random audits”, according to a north-east accountant.
The Path for Green Hydrogen: Hope or Hype?
Across the energy landscape hydrogen is generating a buzz, with major players praising its decarbonisation potential.
Royal College of Psychiatrists removes oil and gas from multi-million investment portfolio
The Royal College of Psychiatrists has revealed today that it has removed oil and gas from its multi-million investment portfolio.
SSE wants local suppliers for Gordonbush Wind Farm extension
Onshore wind developer SSE Renewables has said it wants to "encourage" local suppliers and businesses to work on its new Gordonbush extension project.
Planners still concerned despite reduction plans for Moray wind project
Planners still have concerns about a proposed wind farm in Moray despite developers reducing the size and number of turbines.
CenterPoint sells natural gas retail business
CenterPoint Energy, the regulated utility that delivers electricity to the Houston area, said Monday that it will sell its natural-gas retail business for $400 million to Energy Capital Partners of New Jersey, a private equity investor.
Highland group appoints Central Belt firm for £1m wave energy construction
A Highland wave energy group yesterday tendered out a £1 million construction contract to Central Belt firm Mailn Renewables.